Most of the current studies focusing on network organizations analyze how interorganizational networks are created, how they develop and how they overcome the limitations of rigid and ill-adapted bureaucracies. This paper proposes a different stance and empirically studies how work is concretely...

We consider firms perfectly symmetrical on production costs in the pre-merger game but the cost of the merged entity may be amended due to the anti-competitive effects of the merger. The lack of empirical precision concerning the effect of the merger on production costs (Scherer, 1980 or Tichy,...

The overly accommodating monetary policy is often accused of creating surplus liquidity and bubbles on the asset markets. In particular, it could have contributed to strong capital inflows in emerging countries, which may have had a significant impact on financial stability in these countries,...

We establish explicit socially optimal rules for an irreversible investment decision with time-to-build and uncertainty. Assuming a price sensitive demand function with a random intercept, we provide comparative statics and economic interpretations for three models of demand (arithmetic...

In this paper, we propose a methodology based on the use of clustering techniques derived from data analysis and multi-attribute decision analysis methods aiming at purposeful mul- tidimensional poverty measurement. The issue of meaningfulness is thus analysed both from a theoretical point of...

We study the short-time asymptotics of conditional expectations of smooth and non-smooth functions of a (discontinuous) Ito semimartingale; we compute the leading term in the asymptotics in terms of the local characteristics of the semimartingale. We derive in particular the asymptotic behavior...

This article analyses the corruption phenomenon in Open Source Software Organizations using a deductive approach. For that purpose, we examine whether there may be corruption motives in such organizations which are not based on the profit motive and give advice how corruption should be dealt...

Under what conditions should a central bank adopt an inflation targeting regime ? This is the main question we address in this paper. A large part of the literature puts forward that these regimes should have to be adopted, as they yield higher macroeconomic performances. We analyze the issue of...

In this paper we examine the consequences of a decrease in exits of older workers on youth employment, allowing for job-to-job áows. We distinguish between young workers with no experience and experienced workers and we consider jobs with di§erent experience requirements. Using a theoretical...

Nous montrons que la RSE relève de deux faits stylisés distincts qui sont deux enjeux de régulation et de pouvoir. L'un est de nature institutionnelle et politique, nous le nommons RSE-Institution, il rend possible et stabilise le second, que nous nommons RSE-Stratégique, de nature...